Tuesday, June 11, 2013

Facebook (FB) Remains a GDT::Portfolio Laggard

Facebook (FB) remains an underwater investment for us, but that's short-term. I remain bullish on FB long-term.

I read an article yesterday (02013.06.10) that had the following title: Facebook Is Cheaper Than Google, But Shouldn't Be, Analyst Says.

FB closed yesterday (02013.06.10) at $24.33 giving Facebook a market value of ~$58.83 billion. 52-week range: $17.55 - $33.45.

GOOG closed yesterday (02013.06.10) at $890.22 giving Google a market value of ~$295.34 billion. 52-week range: $556.52 - $920.60.

Right now I'd be content with Facebook's market value being half of Google's market value.

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